Chinese Internet stocks surge in response to pleasing Q2 reports (I, II, III) from Youku (YOKU...

|About: Youku Tudou Inc. (YOKU)|By:, SA News Editor

Chinese Internet stocks surge in response to pleasing Q2 reports (I, II, III) from Youku (YOKU +7.6%), Sohu (SOHU +17%), and Changyou (CYOU +16.6%). BIDU +4.3%. SINA +9.7%. RENN +11.4%. PWRD +6.7%. TUDO +8%. Baidu's gains are coming in spite of the company's disclosure that 3 employees were arrested for taking bribes to delete message board posts.